Percentage Increase definition

Percentage Increase means the percentage equal to the fraction, the numerator of which shall be the Index in the Anniversary Month less the Base Index, and the denominator of which shall be the Base Index.

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Percentage Increase means the percentage by which the amount of a legal representative’s fee can be increased in accordance with a conditional fee agreement which provides for a success fee;

Percentage Increase means the percentage equal to the fraction, the numerator of which shall be the New Index less the Current Index, and the denominator of which shall be the Current Index.

Examples of Percentage Increase in a sentence

• If the Landlord fails to deliver a CPI Disagreement Notice within thirty (30) days after delivery of any CPI Notice, then the Landlord shall be conclusively deemed to have agreed with the calculation of the CPI Percentage Increase set forth in such CPI Notice.

• The CPI Percentage Increase for any Adjustment Period shall be calculated by the Tenant, and the Tenant shall deliver written notice to the Landlord describing such calculation in reasonable detail (a “CPI Notice”) no later than thirty (30) days after the commencement of any Adjustment Period.

• If the Landlord disagrees with the Tenant’s calculation of the CPI Percentage Increase, then the Landlord shall deliver to the Tenant written notice, describing the basis for such disagreement in reasonable detail (a “CPI Disagreement Notice”), not later than thirty (30) days after delivery of the CPI Notice.

• In the fourth and every third Lease Year thereafter, the annual Base Rent due and payable shall increase by an amount equal to the lesser of: a) Seven and 35/100 Percent (7.35%) of the Base Rent payable for the immediately prior Lease Year, or b) The "CPI-U Percentage Increase" of the Base Rent payable for the prior Lease Year.

• If CPI Percentage Increase (as defined below) is more than [***] for the relevant Adjustment Period, then the Rent payable during that Adjustment Period shall be adjusted upward by a percentage equal to the CPI Percentage Increase (as defined below) applicable to such Adjustment Period, but not to exceed an adjustment during any Adjustment Period of greater than [***].

More Definitions of Percentage Increase

Percentage Increase means the percentage equal to the fraction, the numerator of which shall be the Current Index less the Base Index, and the denominator which shall be the Base Index. If the Current Index shall exceed the Base Index, then the annual rent payable for the ensuing lease year shall be increased be an amount equal to the "Percentage Increase" multiplied by $149,710.50. As soon a practicable after the end of the second lease year during the term of this Lease, Lessor shall send Lessee an index comparative statement setting forth the Current Index, the Base Index, the Percentage Increase, and the increase in the annual rent. On the fifth day of the calendar month ("Current Month") following the month in which the index comparative statement was sent, Lessee shall pay to Lessor (i) a sum equal to 1/12th of such increase in the base annual rent multiplied by the number of calendar months of the new lease year elapsed, and (ii) thereafter. commencing with the Current Month, and continuing monthly thereafter, the monthly installments shall be increased by an amount equal to 1/12th of such increase. In no event shall the rent charged be greater than $158,693.13 per year.

Percentage Increase is defined in Section 5.6(b).

Percentage Increase means the 3 yearly moving average quarterly percentage increase in the PPI and “PPI” means:

Percentage Increase means the percentage equal to the fraction, the numerator of which shall be the Index at the Anniversary less the Base Index, and the denominator of which shall be the Base Index; provided, however that the Percentage Increase for each one-year period between each Anniversary shall be not less than one percent (1%) nor shall it exceed two percent (2%); and provided, further that the Percentage Increase for each five-year period between Anniversaries shall not exceed ten percent (10%).

Percentage Increase means the percentage equal to a fraction, the numerator of which shall be the change in the Index from March of the year prior to the adjustment year to March of the year in which the adjustment will take place. The fraction’s denominator shall be the Index for March of the year prior to the adjustment year. In no event shall the Base Rent decrease. For illustration purposes only, the adjustment shall be calculated as follows: Base Rent + [Base Rent (percentage of CPI Increase + 1%)] = New Rent Assuming that Base Rent is $1,814, CPI for March 2019 is 250, and CPI for March 2020 is 260, then: New Rent = $1,814 + [$1,814 (10/250 + 1%)] = $1,814 + ($1,814)(0.05) = $1,905.

Percentage Increase has the meaning specified in Section 8.06(a).

Percentage Increase means, with respect to each Anniversary Date, a percentage equal to one half (1/2) of the Annual Rental Escalation Index Increase for that Anniversary Date.